Case Study: Concept AgriTek achieves 56% fee savings and streamlined, automated payments with Paystand

How Concept AgriTek Modernized Payments and Reduced Manual Work

Concept AgriTek, a farm input distributor operating in 31 states, needed to modernize and automate its payments while keeping things simple for non‑technical customers and maintaining trust and compliance. To achieve fast, smooth integration with their ERP (Microsoft Dynamics 365 Business Central) and support a mix of digital payment options, they engaged Paystand and its B2B digital payments platform.

Paystand implemented a user‑friendly, PCI‑compliant payment solution with guided support and automated bank reconciliation, going from underwriting to the first live payment in about a month. The result: a shift from 80% credit card/check usage to 80% ACH and Paystand B2B Network payments, 56% savings on fees, faster access to funds, fewer errors, and significantly improved process efficiency.

Concept AgriTek

Jeremy Lamb

Concept AgriTek